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Nur Atifi · · 1 min readIn brief: Aussie education startup gets $3m from Pangaea, others
Australia-based Academy Xi has raised US$3 million in series B funding, led by Pangaea Impact Investments, Alium Capital, and Giant Leap Fund. Unnamed Singaporean investors also participated.
Source: SmartCompany
Academy Xi will use the fresh capital to grow its online product offering and extend corporate partnership. The platform conducts online courses in design and new technologies, such as blockchain, mixed reality, and user experience.
It will also be used to support the company’s expansion into Singapore next year, although the move seems to have been delayed. Co-founder Ben Wong previously said that his team was planning to enter Singapore this year.
Editing by Judith Balea and Eileen C. Ang
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